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Mar 5, 2014
03/14
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it's gone up so much because we've had a deficit in the market. you've had strikes in south africa. but russia is also the largest supplier of palladium, with 41% of the market. people are concerned that you're going to have at least some economic sanctions against russia. and you may not be able to get all of the palladium out. >> is most of the climb in the past few days? >> it was climbing before that. the past few days were fairly steep, though. >> and cars, really? >> the converters and what not. >> it's to play the bining, swc. it's a u.s. company. they contract out the palladium. but there is palladium in the u.s. if you look at it's had a great move. but stillwater mining. it looks like -- >> you're bearish gm. there's enough of a shortage here that that offsets. >> right. it's not like gm is going to go out of business. >> how can they do that? >> exactly. >> all right. we broadcast here out of the nasdaq market site. and today, nasdaq announced a new effort focusing on private companies. the private market is designed to help private companies to connect with buyers. joini
it's gone up so much because we've had a deficit in the market. you've had strikes in south africa. but russia is also the largest supplier of palladium, with 41% of the market. people are concerned that you're going to have at least some economic sanctions against russia. and you may not be able to get all of the palladium out. >> is most of the climb in the past few days? >> it was climbing before that. the past few days were fairly steep, though. >> and cars, really?...
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Feb 28, 2014
02/14
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COM
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office looked at the cost of obamacare over ten years, and showed that it would reduce the federal deficit,. >> and you trust the congressional budget office to estimate the budget of congress? >> and he's not the only one who drank the cool aid n states that have rejected it the majority of citizens foolishly want the expansion. ashley landis explains. >> i understand that we are not delivering the most popular message here. but certainly low income families who are really struggling are going to be hard-pressed to understand all of the nuances. >> they're just so busy being needy they don't knows what's going on. >> i decided to talk to these misguided medicaid want a have's who are hopelessly hoping for help. >> i have environmentally induced asthma and don't have a way to get test. >> my wife has disk disorder. >> i know you feel like you want medicaid but medicaid expansion hasn't been approved in your state. and it's a good thing. it's better for america. >> that seems like the most ridiculous thing to say. how is it better for america, for people who have treatable conditions to bec
office looked at the cost of obamacare over ten years, and showed that it would reduce the federal deficit,. >> and you trust the congressional budget office to estimate the budget of congress? >> and he's not the only one who drank the cool aid n states that have rejected it the majority of citizens foolishly want the expansion. ashley landis explains. >> i understand that we are not delivering the most popular message here. but certainly low income families who are really...
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pointing out that under president obama's leadership deficit has been cut in half as a share of the economy the largest four year deficit reduction since the demobilization from world war two and while for all president obama's budget doesn't call for a grand bargain that same fact sheet says that compromise proposals aka social security cuts remain on the table if republicans ever learn to cooperate it's good to see that president obama has the common sense not to cut social security during an election year but if you really wants to leave the steroids era behind us in. stop talking about deficits and start talking about what the government can do right now to rebuild the middle class. all right with me for tonight's big picture politics panel our staff writer for in these times and carl fresh democratic strategist and partner at both great stretch bullfight strategies carl cole welcome so much so guys and i just you know up high in the sky liberal for thinking that the president could do a little bit more this fiscal fiscal year two thousand and fifteen budget i mean he's now well
pointing out that under president obama's leadership deficit has been cut in half as a share of the economy the largest four year deficit reduction since the demobilization from world war two and while for all president obama's budget doesn't call for a grand bargain that same fact sheet says that compromise proposals aka social security cuts remain on the table if republicans ever learn to cooperate it's good to see that president obama has the common sense not to cut social security during an...
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Mar 1, 2014
03/14
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KQED
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transportation officials say that more funding is needed to address what it calls a growing infrastructure deficit of crumbling roads, bridges and highways. in a report to congress to the dot says washington needs to spend as much as $146 billion a year to maintain and improve the nation's roads and crossings starting right away. >>> to retail where japan's fast retailing the parent company of unico is in talks to buy jay crew. according to the wall street jourl, j crew's management is seeking $5 billion for the business. but it's unclear whether fast retailing is willing to pay that price in a statement the company says it doesn't comment on market speculation. >>> pier one imports cuts its outlook for the second straight month because of snowed-in shoppers. that is where we begin tonight's market focus. the home furnishings retailer blamed the harsh winter for soft traffic. the company did say it expects business to be normal once the weather gets better. still shares down more than 5.5% today to $18.92. it was the opposite story for 3d systems. the 3d printer maker gave investors a strong outlo
transportation officials say that more funding is needed to address what it calls a growing infrastructure deficit of crumbling roads, bridges and highways. in a report to congress to the dot says washington needs to spend as much as $146 billion a year to maintain and improve the nation's roads and crossings starting right away. >>> to retail where japan's fast retailing the parent company of unico is in talks to buy jay crew. according to the wall street jourl, j crew's management is...
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Mar 4, 2014
03/14
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BLOOMBERG
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and results in a very large balance of payments deficit. these have to be fixed. they are fixable. that is the first order of business. >> imf headlines? >> this is from the u.s. treasury, announcing their assistance plans, the $1 billion loan guarantee is planned and they plan to send technical advisers to the ukraine, saying the treasury will be at the center of international aid and the plan will live to the russian tree move. >> would you presume that the imf is speaking with russia? ofis there a lack communication there? >> certainly, they are members and are represented at the executive board my and executive director. i am sure that there is communication. but the important point here is the technical analysis of what is needed to put ukrainian economic policy in a sustainable and positive mode. then to arrange the financing necessary to make the implementation practical. you so much.k greatly appreciate that from our washington news bureau this morning. really talking about the clamps that have to be placed down in the process. >> w
and results in a very large balance of payments deficit. these have to be fixed. they are fixable. that is the first order of business. >> imf headlines? >> this is from the u.s. treasury, announcing their assistance plans, the $1 billion loan guarantee is planned and they plan to send technical advisers to the ukraine, saying the treasury will be at the center of international aid and the plan will live to the russian tree move. >> would you presume that the imf is speaking...
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Feb 28, 2014
02/14
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FBC
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its budget deficit is more than a billion dollars. that is the problem. local officials are pleading for a bailout. the country has other problems. the unemployment rate is highest ever, 13%. landing in south korea where the pastor of the world's largest church has been convicted embezzling $12 million. come on. his megachurch congregation top as million worshipers. each church has rows of atm machines in the hallway. that was dead give away something afoot. he has been given a three-year suspended prison sentence and will mead to pay $5 million in fines. >>> do you ever have too much money? i don't think so. don king doesn't. we'll ask him during the break. we'll be right back. in the new new york, we don't back down. we only know one direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new yk state. move here. expand here. or start a new business here... and pay no tax for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up.
its budget deficit is more than a billion dollars. that is the problem. local officials are pleading for a bailout. the country has other problems. the unemployment rate is highest ever, 13%. landing in south korea where the pastor of the world's largest church has been convicted embezzling $12 million. come on. his megachurch congregation top as million worshipers. each church has rows of atm machines in the hallway. that was dead give away something afoot. he has been given a three-year...
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Feb 28, 2014
02/14
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BLOOMBERG
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in other words, the tax will go not to reduce the deficit or debt and it will be less lending. why would we be doing that? it makes no sense. spoke with a hunt representative and i want to get your take. to 25, and you are right, 99% of taxpayers will be at 25% or less. 99% and a when i was in school. what we do that is have trade-offs. >> back to the one percent argument. does this thing stand a snowballs chance in hell passing? >> for the bank tax, i hope not, cost -- because you will have less lending. the panel that i was on, and simpson bowles, better known to the general public, we all recommended dramatic reduction rates and elimination of most exemptions, deductions, and credits. that is the only way you solve the problem. if you go at it piecemeal, whether a bank tax on mortgage interest eduction, you never get it resolved. the reality is you want to balance the budget and get the debt in line with where it ought to be. you are going to have to do very dramatic things. i am glad that conversation is starting. you are known as one of the most courageous talkers in the m
in other words, the tax will go not to reduce the deficit or debt and it will be less lending. why would we be doing that? it makes no sense. spoke with a hunt representative and i want to get your take. to 25, and you are right, 99% of taxpayers will be at 25% or less. 99% and a when i was in school. what we do that is have trade-offs. >> back to the one percent argument. does this thing stand a snowballs chance in hell passing? >> for the bank tax, i hope not, cost -- because you...
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Feb 28, 2014
02/14
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the bridge district says they need that money to close a growing deficit. those hikes would be incre mental. in april of this year, the toll would go to $7. two years later, 7.25 and then the next year 7.50 and finally $8 in 2015. if you drive and have a fastrack, that will stay in effect for each of the toll hikes. >> still encourage people to use that. >> yes. >>> 7:10. a rather unusual police response after a fatal crash in pittsburg early this morning. mum at 7:30, why cops approached a crash car with their guns drawn on a major roadway. >>> get me out of here. that's what a lot of travel agents are hearing in parts of the nation right now. what's causing this reaction and where everyone is going. >>> good morning. right now we still have very tough conditions for your commute as we look at 280. a lot of standing water. we'll run it down for you, tell you how the drive times are being affected by the storms. >>> no way of getting around it. we're getting blasted. around half moon bay and pacifica heading north towards san francisco there is a really str
the bridge district says they need that money to close a growing deficit. those hikes would be incre mental. in april of this year, the toll would go to $7. two years later, 7.25 and then the next year 7.50 and finally $8 in 2015. if you drive and have a fastrack, that will stay in effect for each of the toll hikes. >> still encourage people to use that. >> yes. >>> 7:10. a rather unusual police response after a fatal crash in pittsburg early this morning. mum at 7:30, why...
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Mar 5, 2014
03/14
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the stronger economy helps fuel the tax burden, helps fuel some of the deficit. if there are things we can do in the administration, the old politics over policy, i think certainly in energy, certainly in several other key areas if we had a better view on policy versus politics, i think we'd see some more robustness. you look at the jobs that are created out of energy and the fracking business, you know, the average employee in theç marcellus, $95,000 a year. 1.3 million jobs, $63 billion in additional tacks. energy independence is at the heart of getting this gdp up and running. >> growth cures all evil. it's great to see you. >> thank you for the opportunity. >> really appreciate it. >>> we have some breaking news now. bertha coombs, what can you tell us? >> the white house says it's going to allow -- to extend the current customers in the transitional plan yaal plans fo two years. 1.5 million individuals and small businesses. they will be renewable through 2016. also boosting 2015 deductibles and out of pocket costs by 4% and they're extending the open enrol
the stronger economy helps fuel the tax burden, helps fuel some of the deficit. if there are things we can do in the administration, the old politics over policy, i think certainly in energy, certainly in several other key areas if we had a better view on policy versus politics, i think we'd see some more robustness. you look at the jobs that are created out of energy and the fracking business, you know, the average employee in theç marcellus, $95,000 a year. 1.3 million jobs, $63 billion in...
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Mar 5, 2014
03/14
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because in the end, we could talk about deficits and debt. we could talk about data. but in the end, treasuries really when it gets nasty, when that tina the only -- that there is no alternative to stocks, that changes rather abruptly when stocks go down. and then tina becomes there is no alternative to being long treasuries. we want to keep cognizant of that. to the end the japanese are doing everything in their power to keep the yen weak, let's look at how all that stimulus and various ways they're trying to goose their economy have panned out. one way they've made good strides on. currently the latest reads is 3.7. now, that is the basic lowest rates since july of '07. during that interim period between '07 and now the high was 5.5. the message to this is is that the japanese may have issues for the last 25 years. but huge high unemployment certainly does not seem to be one of them but they made some inroads. base wage, recent data. this is important. base wages were only up 1/10 year over year. one of the things they're trying to do is goose inflation. if you adju
because in the end, we could talk about deficits and debt. we could talk about data. but in the end, treasuries really when it gets nasty, when that tina the only -- that there is no alternative to stocks, that changes rather abruptly when stocks go down. and then tina becomes there is no alternative to being long treasuries. we want to keep cognizant of that. to the end the japanese are doing everything in their power to keep the yen weak, let's look at how all that stimulus and various ways...
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can't have a state full of potheads and get work done to get the state going in order to pay off its deficits. charles: everybody saying marijuana is this thing like smoking cigarettes with no negative impact to it. there is a negative impact. >> we wish somebody in d.c. just as blunt about health care incentivizing to play the ppano while somebody subsidizes them to leave their job. charles: you can't make this stuff up, exporting goods is suing the ceo of what else for allegedly pretending to be a senior executive, he told the store manager he had a meeting with the ceo and persuaded the employees to show him around in the private back areas and answer questions about the operations. is that balls he or what? >> is this true? a secret agent man pretending he is an employee? charles: a senior executive. >> i think it is a right if it is true, it is a little bit over the top. charles: it is embarrassing to say this guy walked in and anyone could have done that. >> they should give him a coupon, think it is funny. charles: ukraine is spooking the market. your take is next. ♪ see what's new a
can't have a state full of potheads and get work done to get the state going in order to pay off its deficits. charles: everybody saying marijuana is this thing like smoking cigarettes with no negative impact to it. there is a negative impact. >> we wish somebody in d.c. just as blunt about health care incentivizing to play the ppano while somebody subsidizes them to leave their job. charles: you can't make this stuff up, exporting goods is suing the ceo of what else for allegedly...
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Feb 26, 2014
02/14
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FBC
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nucleus of a mother's dna essentially from her, taking only things outside the nucleus to correct from deficits for tell burterrible illnesses to pt blindness in the third person providing that healthy dna. all the characteristics of what may be a person of than an illness are conveyed by the biological parents. i don't have a problem with that. if all you are donating is the healthy environment in which the traits that belong to two biological parents are to grow, that seems okay to me. stuart: it will be taking a bit further, won't it? you are getting designer babies. >> now allow anonymous and oregon donation. it deprives the offspring of knowing their biological parents. will not even consider this. donate or over him. so is a kid doesn't know who the dad or mom is. what o you need to know that for? it is the key to who you are spiritually, medically. stuart: i am with you all the way. i'm not sure i see a way of banning it and stopping it when it gets to that kind of situation. how do you stop that? i'm going to touch on one of your favorite subjects. social media apps. you are not a fan o
nucleus of a mother's dna essentially from her, taking only things outside the nucleus to correct from deficits for tell burterrible illnesses to pt blindness in the third person providing that healthy dna. all the characteristics of what may be a person of than an illness are conveyed by the biological parents. i don't have a problem with that. if all you are donating is the healthy environment in which the traits that belong to two biological parents are to grow, that seems okay to me....
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Feb 28, 2014
02/14
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CNBC
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how about saying that. >> well, there is a decline in the deficit, but i don't know how much of that s is due to th proceeds of fannie mae and freddie mac. >> and the fdic had a good trade in there. good trading by them. >> and we have not talked about it often enough, but we have talked about the lawsuit initiate initiated by perry and berkowitz and ackman owning the common which is up sharply, but they are way past paying them back. and the president -- >> and the president has said that the common -- >> and the third amendment is all in place meaning that all of the profits are e sweeping to the government helping the e deficit. >> it is a windfall due to the rising pricing in housing, but the president said that the common should go to the treasury and he made that statement, and the fdic knew that the preferred and the fdic made a good trade instead of a bad trade. >> and did they know something, because it seem had the fdic had incomplete information there. >> and hey, well, steve cohen h, and danny may. >> yes, and broadly jim, on the -- there is a list of 29 commodities that
how about saying that. >> well, there is a decline in the deficit, but i don't know how much of that s is due to th proceeds of fannie mae and freddie mac. >> and the fdic had a good trade in there. good trading by them. >> and we have not talked about it often enough, but we have talked about the lawsuit initiate initiated by perry and berkowitz and ackman owning the common which is up sharply, but they are way past paying them back. and the president -- >> and the...
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Mar 3, 2014
03/14
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CNBC
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but we can have a deficit which creates more debt but not at a rate that this grows faster than gdp grows. if gdp is going to grow at 2% in real terms, but the fed has a policy that they're shooting for 2% inflation on top of that, that would mean 4% in terms of nominal gdp and you literally could have debt grow at 4% and it would maintain the same relationship to no, ma'amal gdp as it does now. the trend is wrong. there is a danger of that goes wrong. i don't like seeing it go up as a percentage of gdp. this country is in wonderful shape. >> if you say government pensions aren't the problem because the government has the power to tax, what do you say to somebody who has a private pension? should they be worried about it? should they think they are still going to get it when they retire. >> it's protected by the pension benefit guarantee corps. that has come into play in many pension plans. the state municipal pension plans, the one right here in omaha, is in terrible shape. and almost out of resources. it's a healthy commune and all that. we can work our way out of it but people, both wh
but we can have a deficit which creates more debt but not at a rate that this grows faster than gdp grows. if gdp is going to grow at 2% in real terms, but the fed has a policy that they're shooting for 2% inflation on top of that, that would mean 4% in terms of nominal gdp and you literally could have debt grow at 4% and it would maintain the same relationship to no, ma'amal gdp as it does now. the trend is wrong. there is a danger of that goes wrong. i don't like seeing it go up as a...
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Mar 4, 2014
03/14
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CNBC
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>> oh, no, i think we realize that the deficit is going down. who wouldn't hope for that? we hope for it. it's working. but any time you look at what they're doing, it's all short term. the stuff that's going to eat our lunch is 10,000 people a day turning 65. you've got a system that was set up of social security that you won't even address the insolvency of it for 75 years. health care is on automatic pilot. forget what you call it. it's time to deal with the long-term stuff before interest goes from where it is now to back to historical heights and then watch people grab their socks and run for blocks. >> is there anything you think can be done considering that it probably won't be implemented until after the november 2014 midterms? >> anything that will be done will be done down the road. that's what's wrong with the health care plan. whatever it is is all the correction process is down the road, way ahead. and it's like a dock fix. you're going to do another dock fix and they will run in. you're going to do anything. whatever you do, whether it's tort reform or real e
>> oh, no, i think we realize that the deficit is going down. who wouldn't hope for that? we hope for it. it's working. but any time you look at what they're doing, it's all short term. the stuff that's going to eat our lunch is 10,000 people a day turning 65. you've got a system that was set up of social security that you won't even address the insolvency of it for 75 years. health care is on automatic pilot. forget what you call it. it's time to deal with the long-term stuff before...